3600 Lysander Lane

April 7, 2022 / by Matthew Yung / / 0 Comments

3600 Lysander Lane is a strategically located, Class “A” office building located on Sea Island in Richmond, B.C. Offering 113,000 square feet of rentable area on a 5-acre site, the property has been exceptionally maintained and managed with recent renovations resulting in modern campus-style interior finishes and high-quality tenant amenities. CBRE identified a value-add opportunity for income enhancement, and when combined with the property’s exceptional stable tenant roster, the property was positioned in the market as a unique opportunity to capitalize on the strength of Metro Vancouver’s suburban office market.

CBRE ultimately transacted this property to a foreign buyer.

The Dominion Building

December 8, 2021 / by Matthew Yung / / 0 Comments

The Dominion Building is a landmark heritage office building comprising nearly 85,000 sq. ft. of office and retail space, located just steps from Waterfront Station and the Central Business District in Downtown Vancouver. The property was positioned as an extremely rare historic and iconic investment opportunity with the potential to implement a value-add or repositioning program. The Dominion Building’s proximity to a hub of new developments which have drawn notable tech tenants into the Vancouver market also enhanced the appeal of the offering.

Through a full-scale global marketing strategy, CBRE-NIT collaborated with Marcus & Millichap to successfully transact the asset to a well-known real estate investment trust company.

1077 Great Northern Way

July 7, 2021 / by Matthew Yung / / 0 Comments

1077 Great Northern Way is an award-winning LEED platinum Class ‘AAA’ office building offering over 112,300 sq. ft. of office space in the False Creek neighborhood in Vancouver, B.C. Designed in 2014, the building features wood-beam details, large open spaces, an abundance of natural light, excellent views of the North Shore Mountains, and unbeatable amenities.

CBRE successfully transacted this asset to a private real estate company specializing in investment, development, and management.

4321 Still Creek Drive

February 11, 2021 / by Matthew Yung / / 0 Comments

4321 Still Creek Drive is a Class ‘AAA’ office building offering nearly 230,000 sq. ft. of premier office space within the Willingdon Business Park in Burnaby. This high-quality office building has been institutionally managed and is well-equipped with the attributes required to attract and retain long-term quality tenants. 4321 Still Creek Drive was positioned as a modern, high-quality, campus-style environment coveted by a variety of tenants, providing investors an opportunity to own an irreplaceable asset that offers exceptional value in Metro Vancouver’s increasingly competitive office market.

This strategic off-market transaction completed during the early onset of the COVID-19 pandemic, with CBRE effectively navigating our client through new protocols and uncertain times. CBRE emphasized the Property’s quality tenants and 100% rent collection through the pandemic, and it sold it at pre-pandemic pricing to a qualified purchaser.

9500 Glenlyon Parkway

February 11, 2021 / by Matthew Yung / / 0 Comments

9500 Glenlyon Parkway is a state-of-the-art office building located in Burnaby, offering modern architecture and exceptional on-site building amenities. Built in 2010, this contemporary building is fully leased on a long-term basis. Located within the Glenlyon Business Park, this asset was positioned as a rare opportunity to own an exceptional quality Class ‘A’, fully leased suburban office building, situated in the highly sought-after neighbourhood of “Big Bend” in close proximity to an abundance of amenities in the second largest office market in Metro Vancouver.

After administering a comprehensive global marketing campaign, CBRE successfully transacted this asset to a qualified private buyer, and navigated the subject removal and closing during the early onset of the global pandemic.